If you look at the hour 1 chart you will see a double bottom pattern. This is the correction. We need to wait for the correction to finish, and then we need to see candles moving up before we make a entry. So im sitting here waiting for my entry to buy. Im not buying yet. I would like to enter on a moving average crossover on the 5 min time frame. I will use the...
Chf/Jpy made a push up... but the steam has nearly run out and bears could take control here at this point. This idea is also based on support and resistance trading as you can see the red resistance area. My final Take Profit is 127.000
If you are a bull on Eur/Aud Price is printing a Double Bottom Revesal pattern at trendline support on minute 15. This double bottom reversal pattern may easily be broken as min 15 is not as reliable as higher time frames. My strategy for this pair is to wait for the reversal pattern to print and wait for some bullish moving average crossover before I enter the buy.
USOIL is at a trendline support that has held for a very long time. Usoil has also retraced to the 786 retracement level and is showing rejection candles at this area. I am waiting for a entry and I will hold. My take profit is open but im expecting a high at least to a double top as you see on the chart. There is no good reason to buy right now. If you are...
This is going to be a amazing trade. Details are on the chart but price is making huge lows and huge lower highs and huge lower lows on the hour 4 time frame. So there is a confirmation to sell.
We got our retest as expected. Now I have entered my sell. This is is based upon support and resistance trading. We assumed 1.34000 was the psychological level of resistance. Price moved a little above the area. I posted the idea to wait for the retest. We got a retest.
Eur/Chf has made a weird looking double bottom chart pattern on the daily time frame within a mess of candles. Price seems stuck at the current level and cant seem to get much lower at all. I believe this is support. I have opened 3 buy trades. Tp 1 is 1.05000 Tp 2 is 1.06000 Tp 3 is 1.07000
This pair has finally started to see bearish action. See my previous idea. This is a downtrend. Price made a higher low on the hour 4 chart. Price is also below the 200 day moving average. Now we can expect at least a double bottom or a lower low. We should only be looking to sell. I have entered my sell. My first take profit is 62
1.3400 area is resistance Price may move back up to 1.34700 to form a double top chart pattern before the london session and then start falling. The trend on the daily chart is down and there was a swing high on the day chart and now we can only expect a new swing low. Im going to wait for a double top pattern on hour 1 and then im gonna wait for bear candles...
Price is considered in a downtrend because price is lower than the 200 day average. We had a swing high into the trend indicator and now expecting a swing low. My 2 take profit levels are on the chart This idea is based on the 200 Day Moving Average And just simple analysis
Trend has changed on hour 4 Trend indicator is showing green Price pulled back to the 61.8 Fib Level 153 is a psychological level of support Price is at the bottom of a channel I believe these are the reasons to buy
We have a opportunity to enter ltc/usd on christmas night here in the states. The trend changed on hour 4. Price pulled back. And now I expect a buy. This idea is based upon the guppy moving average system.
Oil has a Monthly Chart Pattern known as Head and Shoulders and it can clearly be seen here. This does not mean to open a sell now. U have to wait for a entry to open the sell.
This pair has a double bottom reversal chart pattern on the daily time frame. That means that the likelihood of the trend reversing is higher than it would continue. I'm buying. I have 3 trades open with 3 take profits. Tp1 is 1.05000 Tp2 is 1.06000 Tp3 is 1.07000 After tp1 takes profit I will move my stop losses to break even.
Based upon the guppy moving average system (Which is not absolutely perfect) price has reached the tip top of the downtrend. This is a down trend and we just had a swing high. I believe the swing high is nearly finished and I'm looking for a new swing low on the daily time frame. The trade will take more than 1 week to complete. I wanted to post some ideas that...
This whole move up was a retest of broken support as I said before. Price retraced to the 618 and it will probably fall from here This sell idea is based on Fibonacci Trading. Watch for a reversal before selling. don't haul off and push sell... wait... I hope u enjoyed the buy...
Price is still considered a downtrend on the day chart The 1 hour time frame just printed a double top reversal pattern and price has just started to fall from the double top. My current trades 1. Usd/Mxn buy (holding to the top) 2. I entered nasdaq too early and lost. 3. Consider taking profit on gold soon MERRY CHRISTMAS FROM THE USA
So if u followed my gold idea you should be in profit. Where do we take profit? Good question!!!!! I have no idea Looking at this chart.... Price broke down from a trend line support area (The Green Box on the chart) Then price moved up to retest that support area. Then price fell and started moving up again and we are in a buy. I think price will make a double...